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Dec 9, 2012
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we need government to create a stable environment for businesses to function and create jobs. when government battles too much in the economy, its policies are driven by politics and markets are driven by individuals and the real world music people. that's the difference between what government does about markets do. you need government to protect us from fraud, from wrongdoers. there are wrongdoers the government can protect us from them. overly meddlesome government goes to fire and you end up suppressing enterprise and innovation and job creation. >> 2008 financial situation and the so-called bailout. are you supportive of that government intervention? >> release the question and answer of the book basically. you can see that as an emergency intervention. this government had done it back now, that would've been fine. unfortunately they stayed too long. the comparison they make is to katrina. there's emergency aid and basically people get up and back on their feet. but unfortunately the government conceded the financial crisis as an excuse to expand itself and expand control
we need government to create a stable environment for businesses to function and create jobs. when government battles too much in the economy, its policies are driven by politics and markets are driven by individuals and the real world music people. that's the difference between what government does about markets do. you need government to protect us from fraud, from wrongdoers. there are wrongdoers the government can protect us from them. overly meddlesome government goes to fire and you end...
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Dec 13, 2012
12/12
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FBC
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i'm expecting a zero rate environment for long time. liz: what about the fiscal cliff and if it affected me go over, are you changing investments in that regard? >> no, we are not changing that as well because it is baked in for a large extent. even if it does go over, really don't think it is a big deal. liz: we love you, but why are you saying it is baked in when we were up, john boehner comes out and speaks and we fall. look at an intraday of any one of the major indices and that is exactly what we see. they punch of green at the open and we were fine until he started talking with the fact we may not get a deal, there is a big impasse. >> little at the beginning i really think what is overshadowing this is the fed is saying they will stay in the game until we have a much lower unemployment rate telling me they're expecting a recession, which we're expecting anyway if we go over the cliff.% liz: where are you putting your clients money right now? the last time you were here, you are staying away from the overseas market. do you still
i'm expecting a zero rate environment for long time. liz: what about the fiscal cliff and if it affected me go over, are you changing investments in that regard? >> no, we are not changing that as well because it is baked in for a large extent. even if it does go over, really don't think it is a big deal. liz: we love you, but why are you saying it is baked in when we were up, john boehner comes out and speaks and we fall. look at an intraday of any one of the major indices and that is...
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Dec 6, 2012
12/12
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CNBC
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the point is if you're in a low return environment, you can ratchet up performance in a higher quartile, the other thing is it's not just hedge funds. they're the whipping boy. it's long only funds, they want to get that morningstar fifth star. on the other side of it, i used to know a guy when he ran a hedge fund he would sell into the markup and buy it back the next day which is great if you're not a taxable fund because he knew it was a hark wrup so this story is as old as lincoln getting shot at ford theater. i don't think there's anything here, it's very difficult to prove. >> of all of the street's top strategists, tom lee could nail the number on where the s&p will close out 2012. his prediction of 14,030 is looking better by the day. tom welcome, good to see you again. >> thanks. >> how does that factor in? i don't know if you heard geithner on our air yesterday with steve liesman but sounded like a guy prepared to go cliff diving. >> i did hear that and you know, that's not very constructive talk because at the end of the day, you know, if we have a recession, the depth of that
the point is if you're in a low return environment, you can ratchet up performance in a higher quartile, the other thing is it's not just hedge funds. they're the whipping boy. it's long only funds, they want to get that morningstar fifth star. on the other side of it, i used to know a guy when he ran a hedge fund he would sell into the markup and buy it back the next day which is great if you're not a taxable fund because he knew it was a hark wrup so this story is as old as lincoln getting...
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Dec 11, 2012
12/12
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earnings beating estimates, but the outlook below estimates, and they are cautious about the competitive environment occupant there now. best buy, one stock that took a hit over the course of the year, and finishes up by showing you, retailers moving into the downside and upside in today's session. one other stock, petsmart, interesting story here. they became one of the latest companies to accelerate their 2013 quarterly dividend payment into 2012 to avoid taxes, liz, so it's the retailers doing that as well. >> i see on the bottom, gap moving higher after being hammered a couple days, too. it's a nice one year chart nonetheless. thank you, sandra, very much. let's review. the dow jones industrial at one point up 136 # points, john boehner, speaker of the house saying, you know what? there's going to be a deal by the end of the year, and reid, this afternoon, the senate leader said, no, i don't think we're going to present any spending cuts to the g.o.p.. as you see now, we cut gains there, but up 77 points. we talked about the bull and bear costume. steve betting on a bull market in 2013, but bear
earnings beating estimates, but the outlook below estimates, and they are cautious about the competitive environment occupant there now. best buy, one stock that took a hit over the course of the year, and finishes up by showing you, retailers moving into the downside and upside in today's session. one other stock, petsmart, interesting story here. they became one of the latest companies to accelerate their 2013 quarterly dividend payment into 2012 to avoid taxes, liz, so it's the retailers...
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Dec 10, 2012
12/12
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back to the beginnings of unions they were created for a very good purpose to protect workers in an environment where they really had no means to protect themselves. that dynamic man many would say has changed dramatically over the years and the unions are struggling to hang onto their existence in many ways. >> the unions give them very fragmentary information on how they spend their dues money. about 7 5:00, 80% of it goes to politics electing people who will then turn around and give them pay raises if they work, for example in the public sector. bottom line, unions, i think should represent workers for collective bargaining, grievances, all kinds of issues, but if you are paying politics the worker should have a right, when 40% of workers generally vote republican if they are a union, they should have a right to say my dues go to what i want not the politicians you want as union bosses. martha: how do you think this stakes out in michigan. >> in wisconsin there was a lot of protesting, it went on for a longtime, there were recall attempts, ultimately the public backed the governor and the g
back to the beginnings of unions they were created for a very good purpose to protect workers in an environment where they really had no means to protect themselves. that dynamic man many would say has changed dramatically over the years and the unions are struggling to hang onto their existence in many ways. >> the unions give them very fragmentary information on how they spend their dues money. about 7 5:00, 80% of it goes to politics electing people who will then turn around and give...
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Dec 7, 2012
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missile type of activity somewhere down the road and destablizing impact that will have on the security environment throughout the region, not just on the peninsula. >> reporter: the state department says it will go along with south korea and japan to the united nations security council to demand tighter sanctions against north korea if this launch does go forward. martha: molly, thank you very much. bill: from one hot spot to another, we'll show you a live look in cairo. the number of protesters massing outside the presidential palace growing by the hour. now getting word that president obama has called egyptian president mohammed morsi, voicing, quote, deep concern over what's happening in the streets there with the violence and reports of several killed this week. david lee miller watching this live at our middle east bureau in jerusalem. president morsi, he spoke to the people of egypt late yesterday. did that do anything to calm this, david? >> reporter: you know arguably, bill, that speech only made the situation worse yesterday. the opposition didn't like what they heard. you're looking at a
missile type of activity somewhere down the road and destablizing impact that will have on the security environment throughout the region, not just on the peninsula. >> reporter: the state department says it will go along with south korea and japan to the united nations security council to demand tighter sanctions against north korea if this launch does go forward. martha: molly, thank you very much. bill: from one hot spot to another, we'll show you a live look in cairo. the number of...
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Dec 7, 2012
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it's their environment. the purpose of this "new york times" article and my book "the blue zones," was really to look at the environmental components that explain longevity. >> so, dan, one of the things that fascinated me in this article, this one man in his 60s, living in america, diagnosed with cancer, given nine months to live. he moves home to ikaria and he's feeling better, working in his garden. it's 30 years later, the end of the story is he comes back to talk to the u.s. to talk to his doctors to say what do you think happened to the cancer and his doctors have passed away. it's an amazing story and anecdote but what is it specifically about the lifestyle and diet there that helps treat and prevent cancer? >> well, i think it's probably the diet. it's a very clean environment. it's not only what they eat, it's how they eat. they're not eating standing up or on the run. they tend to eat with their family. it's slow. they're overlooking the aegean. i think also if you look at their terrain, there's no
it's their environment. the purpose of this "new york times" article and my book "the blue zones," was really to look at the environmental components that explain longevity. >> so, dan, one of the things that fascinated me in this article, this one man in his 60s, living in america, diagnosed with cancer, given nine months to live. he moves home to ikaria and he's feeling better, working in his garden. it's 30 years later, the end of the story is he comes back to talk...
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no-fly zone is a step towards military environment, but not a full military environment. what's your -- way would be your answer to that question? >> well, frankly, i think that the, you know, this is some of the calculation that went into the intervention in libya was if we intervened in syria, we already have done this. that's too flipped, but that's what one -- personally, i, you know, if in that position, i would be in favor of the no-fly zone. i think that -- so would the turks. they are saying, look, you're repeating history over and over here again. >> [inaudible] >> what i think is problematic is offering -- is sending, you know, certain caliber weapons to opposition which we don't know who they are, and that's also repeating a bad precedent. you don't want the weapons to fall into the wrong hands. you know, what happened to the 20,000 service-to-air missiles supposedly in gadhafi -- actually, a whole other answer to that -- but, yeah, i mean, i think -- i would think that if you're going to follow that rationale, you know, ultimately, that would make sense. safe
no-fly zone is a step towards military environment, but not a full military environment. what's your -- way would be your answer to that question? >> well, frankly, i think that the, you know, this is some of the calculation that went into the intervention in libya was if we intervened in syria, we already have done this. that's too flipped, but that's what one -- personally, i, you know, if in that position, i would be in favor of the no-fly zone. i think that -- so would the turks. they...
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Dec 8, 2012
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especially in a plummeting gas price environment, we need these incentives in order to keep building the infrastructure. >> solar, i think, is undergoing a sort of remarkable decline in the costs of production, but it doesn't have nearly the share that wind does, right? is that where solar is at right now? >> let me put this in perspective. if you talk about the tax to convert satellite into electricity. the first commercial use was in 1994. at the time it was literally astronomical in costs. not for the space race with the soviets where we needed satellites in space and needed power for the satellites. nasa turned to solar cells as a sourt of power for the satellites. at the time they cost literally hundreds of dollars per watt. nasa didn't care, right? >> it's nasa. >> over the last decades the cost of solar cells has come down and down and down. the efficiency, the conversion efficiency has continued to go up and up and up, right? now you've got solar cells that are produced for under a dollar a watt. just in the last few years they came down a factor of three thanks to the chines
especially in a plummeting gas price environment, we need these incentives in order to keep building the infrastructure. >> solar, i think, is undergoing a sort of remarkable decline in the costs of production, but it doesn't have nearly the share that wind does, right? is that where solar is at right now? >> let me put this in perspective. if you talk about the tax to convert satellite into electricity. the first commercial use was in 1994. at the time it was literally astronomical...
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Dec 12, 2012
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face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >> bob pisani likened the fiscal cliff to y2k, and it is to a certain degree, at least in terms of decision and hiring and that kind of thing, it's creating some kind of paralysis. you talked to the traders here on the floor of the stock exchange. is it creating paralysis for them as well? they are not making any big bets until they know what happened. >> y2k created a lot of talk but didn't have impact on the stock market. i was here for that. the fiscal cliff has more impact, and it did today. i watched what the markets are doing today. today when bernanke was on, i saw interest rates move up, bond yields move up, highs for the day, and i saw stocks move down. that's kind of the opposite of what bernanke was wanting to have happen. >> right. >> and two things, guys, that did that. number one, he was questioned persistently about the fiscal cliff and had to come out and say wha
face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >> bob pisani likened the fiscal cliff to y2k, and it is to a certain degree, at least in terms of decision and hiring and that kind of thing, it's creating some kind of paralysis. you talked to the traders here on the floor of the stock exchange. is it creating paralysis...
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organization now turning to the kyoto protocol developed then then i guess yes but russia's ministry of environment protection has actually said that is suggesting its own treaty with an ambitious goal of around twenty percent less carbon emissions to one thousand one hundred but it's actually being quite cheeky here because russia was already complying with these targets well most other countries in the world. for russia will be the only game in here but we've also talked to be on long bird is a professor at copenhagen business school and he says basically these kind of organisations like the kyoto protocol just won't work. fundamentally we ask nations to implement policies that are costly for them now well we've had very tiny an impact on your views down below there are always going to be a very very hard sell and so what we've really seen people doing is cheerleading for claiming also sort of not really happening or most we've been exporting all their energy intensive industries to china and other places that are not included if you go over the stile approaches we're never going to succeed what
organization now turning to the kyoto protocol developed then then i guess yes but russia's ministry of environment protection has actually said that is suggesting its own treaty with an ambitious goal of around twenty percent less carbon emissions to one thousand one hundred but it's actually being quite cheeky here because russia was already complying with these targets well most other countries in the world. for russia will be the only game in here but we've also talked to be on long bird is...
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Dec 6, 2012
12/12
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that is clear. >> that was the head of the united nations' environment program. now we had a championship talk -- soccer, and last year's champion, chelsea, have crashed out of the competition. >> the londoners' only finished third. chelsea are the first title holders to ever exit the competition at the group's stage. but it was another good night for a german club. >> bayern munich have talked their group. berlin see a finished in second place, following their 1-0 victory -- valencia. she is thousands of years old but still is ageless and beautiful as ever. the bust of the egyptian queen nefertiti was discovered by archaeologists from the royal prussian academy exactly 100 years ago today on december 6, 1912. >> a special exhibit is opening in berlin that traces the discovery of the rare find. years were dedicated digging in the desert sands before efforts were richly rewarded. >> the light falls on her face from different angles, showing the lines of time. a proud queen and a classic beauty. the bust of nefertiti is the star attraction of the museum island in b
that is clear. >> that was the head of the united nations' environment program. now we had a championship talk -- soccer, and last year's champion, chelsea, have crashed out of the competition. >> the londoners' only finished third. chelsea are the first title holders to ever exit the competition at the group's stage. but it was another good night for a german club. >> bayern munich have talked their group. berlin see a finished in second place, following their 1-0 victory --...
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Dec 11, 2012
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a challenging environment and a challenging competitive environment. even the dollars stores in a tough competitive environment. >> dollar stores say their margins could be hit in 2013, a story to watch out for. bob pisani, thanks so much. back to you. >> we've gotten the word electric washington, now the street. chief global strategist and senior portfolio manager at huntington asset managers. i came down here fairly optimistic, seemed to believe something would get done. we've spoken to three or four congressmen, especially in the house, they are far apart. lee terry from nebraska said, guess what, my constituents have no interest in giving in to a tax hike. >> clearly what you're hearing is sort of where we've been for some time now, a portion of the house elected in uncompetitive districts see really no reason to compromise with the other side and leave aside the philosophical differences for the two. how these two come together in the next couple of weeks is really something that remains to be seen. we know taxes are going up. the question is by h
a challenging environment and a challenging competitive environment. even the dollars stores in a tough competitive environment. >> dollar stores say their margins could be hit in 2013, a story to watch out for. bob pisani, thanks so much. back to you. >> we've gotten the word electric washington, now the street. chief global strategist and senior portfolio manager at huntington asset managers. i came down here fairly optimistic, seemed to believe something would get done. we've...
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Dec 9, 2012
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but the ability to stumble on a more hear people talking about them and then let me go into an environment and go doubling around and that, find out that i sort of like honey boo boo, that is a huge part of the american television experience and it gets sold short when you get techno is t-- ecstatic. a lot of americans love the enjoyment of escaping passivity and be able to roam around the tv jungle of finding things it did not know were there. >> michael powell on the future of television, monday night at 8:00 eastern on "the communicators." >> tomorrow, join us for reform and how education and innovation can benefit the u.s. economy. speakers include gene sperling, harvard university president, and former congresswoman and portugal vice-president, susan molinari. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
but the ability to stumble on a more hear people talking about them and then let me go into an environment and go doubling around and that, find out that i sort of like honey boo boo, that is a huge part of the american television experience and it gets sold short when you get techno is t-- ecstatic. a lot of americans love the enjoyment of escaping passivity and be able to roam around the tv jungle of finding things it did not know were there. >> michael powell on the future of...
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Dec 13, 2012
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yield out of equity-based investments, that's a theme that continues in 2013 given the interest rate environment. it probably won't be to the same degree that we've seen over the last six to eight weeks. >> here's what scares me about the whole yield story is you have companies that have like b-minus cred wit 5.25% coupons, 5.5% coupons, that's crazy. that's absolutely nuts for companies that would normally be carrying somewhere in the 7.5% range or down that far. i think this push towards yield has trouble written all over it. >> bonds are far riskier than equities right now. >> sure. >> gentlemen, thank you all for your thoughts today. see you later. heading towards the close. 50 minutes left in the trading session and the dow down. >> ben bernanke's latest move to stimulate the economy, is it actually hurting things? steve liesman and rick santelli tackle it out next. >> oh, boy. and we'll hear from a top republican lawmaker warning that the real fiscal cliff is a couple years away when the economy could collapse because of runaway spending. congressman paul brown will join us. >> and top pic
yield out of equity-based investments, that's a theme that continues in 2013 given the interest rate environment. it probably won't be to the same degree that we've seen over the last six to eight weeks. >> here's what scares me about the whole yield story is you have companies that have like b-minus cred wit 5.25% coupons, 5.5% coupons, that's crazy. that's absolutely nuts for companies that would normally be carrying somewhere in the 7.5% range or down that far. i think this push...
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Dec 7, 2012
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and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly mature globally, in a way that they are productive part of that environment. >> [inaudible] >> mike gibbons from the times. admiral, since the strategy was changed to focus efforts towards your area of the world, what would you say are the most important capabilities you've actually been able to add to pacific command than what you had before? >> well, i'd like to note we've only been at the rebalance publicly for less than a year, so strategies often take time to be able to gets a sets and policies in place. but i think the most important thing was what we did at the beginning was t
and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly...
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Dec 7, 2012
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texas in just a few minutes but steve, if i could start with you, talk to us about the entrepreneurial environment right now in america. we hear two things. one, we hear that when the economy is not doing all that well, it's the best time ever to try and start something new. and then on the other hand, we hear that a lot of what's going on in america is keeping entrepreneurs from starting those new ventures. >> well, some of that is true. start-ups are down in the last five years. about 23%. but it is worth remembering that we started as a start-up. this company was a start-up in the last couple years, the reason we're the leading economy is because of the entrepreneurs building start-ups that have really powered our economy. we really need to as a nation double down on entrepreneurship. some of that is what needs to happen in washington, the jobs act that passed six months ago, the broad bipartisan support dealt with crowd funding and on-ramp for ipos. start-up app 2.0 introduces with bipartisan support. there's a role for washington but there's also a role for the private sector particularly ent
texas in just a few minutes but steve, if i could start with you, talk to us about the entrepreneurial environment right now in america. we hear two things. one, we hear that when the economy is not doing all that well, it's the best time ever to try and start something new. and then on the other hand, we hear that a lot of what's going on in america is keeping entrepreneurs from starting those new ventures. >> well, some of that is true. start-ups are down in the last five years. about...
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. >> the environment is toxic. officers can't speak their minds about what is going on. the chief didn't listen. city hall doesn't care what he have to say. >> this former police officer retired on disability. he and the counsel majority supported the reform policies, including pay cuts, and voter approved pension reforms. >> it's not about this city and the mayor, what it's about is keeping our city afloat. dealing with a budget situation that has been a disaster and saying what are we going to do to fix it. >> police officers say the fix is a disaster and the only thing two sides can seem to agree on is that this staffing shortage here is real. the department is authorized to have more than 11017 sworn officers there are 44 new recruits in the pipeline. the union says if you add up people who have left or planned to leave, 53, it's a number gain the department can't wayne win. >> we call it voting with fee. they're walking out. we can't strike. or do job actions. only way to send a message is to leave. >> tina says no amount of recruiting will replace the decades of ex
. >> the environment is toxic. officers can't speak their minds about what is going on. the chief didn't listen. city hall doesn't care what he have to say. >> this former police officer retired on disability. he and the counsel majority supported the reform policies, including pay cuts, and voter approved pension reforms. >> it's not about this city and the mayor, what it's about is keeping our city afloat. dealing with a budget situation that has been a disaster and saying...
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and we show up, and it's again sort of in a formal environment, everybody is like assigned seating in their place, and then they start the activities for the night which included these very structured formal chugging contests in front of the entire company. you would draw a name out of the hat of somebody in your department who had to go to the front of the room and do a chug off of a beer against somebody else from another department for money, for your budget, for your department. >> that is so inappropriate. >> i think that's after tonight how we're going to be divvying up time on this show. we're going to have some kind of chug contest -- >> i suggested it. i'm pregnant so i can't participate but -- >> she's a veteran it sounds like. she's had to fight for budget with her drinking. >> but i'm also pregnant so that's probably not going to work out. >> but also she's drinking for two. >> anyway. maybe if you're lucky we will post some of the pictures from said party tonight on facebook. we do have this photo up there now. it's the recently released president obama on the phone with
and we show up, and it's again sort of in a formal environment, everybody is like assigned seating in their place, and then they start the activities for the night which included these very structured formal chugging contests in front of the entire company. you would draw a name out of the hat of somebody in your department who had to go to the front of the room and do a chug off of a beer against somebody else from another department for money, for your budget, for your department. >>...
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that's not our environment, but the environment that we're in right now, we have to balance the needs of everybody, we have to spend our money in the places it really needs to be spent and balance that and so the steps that we take are sort of shorter and slower and at the same time, they're necessary steps and i think we couldn't help taking them. we have an international space station, six people living aboard at almost any one time doing experiments up there that simply can't be done here on the ground. it is the next step and it's pretty exciting. >> the shift seems to be working private industry and what about the opportunities for women. 4300 plus hours in space, katie, should little girls still want to work for nasa. i don't think we'll be able to stop them. and even, i would have stayed another six months in a minute if i'd been given an opportunity to stay up there on the space station. what's really exciting today is that, you know, with our commercial partners, basically we're handing over to them the things that we already know how to do, that nasa knows how to do. we know
that's not our environment, but the environment that we're in right now, we have to balance the needs of everybody, we have to spend our money in the places it really needs to be spent and balance that and so the steps that we take are sort of shorter and slower and at the same time, they're necessary steps and i think we couldn't help taking them. we have an international space station, six people living aboard at almost any one time doing experiments up there that simply can't be done here on...
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modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded and named for and. a scientist who wanted a better way of life for his people but even with the most progressive ideas and education many say they don't want to trade the modern life for their beloved. i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. will the. technology innovation all the developments around russia we've. covered. wealthy british style. markets. find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report. on the rise in britain faster than anywhere else in europe a leading u.k. doctor is warning the country is going to be small unless immigrants get blood tests for it to properly diagnose whether they've got an almost three quarters of the people suf
modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded and named for and. a scientist who wanted a better way of life for his people but even with the most progressive ideas and education many say they don't want to trade the modern life for their beloved. i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a joyful...
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the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with the case in darden, it seems like what happened to a bunch of different companies, my take at the end of the day, for sure they're not going to hire anyone and that's what we need more than anything right now. >> you're exactly right. what we need are jobs, jobs, jobs. there is so much uncertainty out there right now with what will happen with taxes. we still don't know the full impacts of obamacare. hundreds of thousands of new regulations. we need to know what is going on to make good decisions and grow our businesses because of that. melissa: jamie, do you think to a certain extent we know wh
the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with...
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Dec 6, 2012
12/12
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it is nasty stuff. >> significant doses, it could kill everyone in an environment? >> well, if you get a big enough dose it can kill you, no doubt about it. you know, the japanese cult used it in japanese subways in tokyo. made over 5,000 people ill and killed 13. it is serious. >> dr. chaffner is live with us. thank you. the egyptian president has finished speaking and now whoa do have some news -- now we do have some news of note. he will not tolerate anybody working to overthrow the government. but this is just in and it came from the end of the speech. the egyptian president mohamed morsi has called for a national dialogue meeting the day after tomorrow. friday is the day of prayers. saturday like the first day of the workweek, that is going to be the day where they call for national dialogue. they are trying to get the two sides together to come to agreements. he says this dialogue will cover the fate of the upper house of parliament. it will cover election law and a political road map. here is the main thing. president morsi says he will form a new assembly to
it is nasty stuff. >> significant doses, it could kill everyone in an environment? >> well, if you get a big enough dose it can kill you, no doubt about it. you know, the japanese cult used it in japanese subways in tokyo. made over 5,000 people ill and killed 13. it is serious. >> dr. chaffner is live with us. thank you. the egyptian president has finished speaking and now whoa do have some news -- now we do have some news of note. he will not tolerate anybody working to...
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economy past this model through environment, you will see a slight acceleration in the second half. cheryl: your last point is manufacturing. in the report, it was basically flat. we had downward revision for september and october from the report. you are not concerned about that sector at all? >> i am not concerned about that sector. we are looking at a longer-term and the impact it has on the u.s. economy. when you look at what the u.s. does in a manufacturing basis, we manufacture 18.2% of other manufactured goods in the world today. that is bigger than japan. that is bigger than china. it is a very significant number. we do it better and less expensively. cheryl: a report saying it would be a good thing for this country if we begin to export natural gas. it would be good for the u.s. economy. some, especially in washington, saying it would be a bad thing. it would be a job killer. >> it is hard to me to figure that out. i think we have to find a balance between exports and the cheap fuel in the united states which will cause that energy less dependence. cheryl: it would be nice
economy past this model through environment, you will see a slight acceleration in the second half. cheryl: your last point is manufacturing. in the report, it was basically flat. we had downward revision for september and october from the report. you are not concerned about that sector at all? >> i am not concerned about that sector. we are looking at a longer-term and the impact it has on the u.s. economy. when you look at what the u.s. does in a manufacturing basis, we manufacture...
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do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. hello welcome to the sport show with me kate partridge and here's a clip of what's coming up. when to champions discuss found brave the cold to see the army man feet more dire to want to go into the winter break top of the russian premier league. while capital clash k h l e just another must go stave off a night rally by tesco in a stunning first matchup between alexander ovechkin and paul that suit. and fighting talk a billionaire at the shadows manof talks exclusively to r.t. about two of his big passions leading all still to silverware and fencing took gold in the future. but first has got moscow will go into the winter break top of the russian premier league after beating rock bottom or davy a two on anderson they'll be some relieved players and phones as the cold weather starts to settle across the country which of import reports. to th
do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. hello welcome to the sport show with me kate partridge and here's a clip of what's coming up. when to champions discuss found brave the cold to see the army man feet more dire to want to go into the winter break top of the russian premier...
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Dec 9, 2012
12/12
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treaty on a new, we have the un at trading on the environment. this makes no difference -- >> why not throw a bone to bob dole? >> why throw a bone to the un? >> oh. >> is run byy dictatotors, it has a human rights committee with the worst violators in the world. why should we give any legitimacy at all? give me an answer on that. >> the chamber of commerce supports the street, along with the veterans' organizations and religis groups. they suprt it because the united states has been the leader in this area and they would like other countries to comply, make -- >> it is modeled on the americans with disabilities act. >> i know that, but it has no effect -- >> the point of the treaty is get other countries to become signatories and i got to the language and the intent of the treaty, to look out for people with disabilities. you accept the arguments. >> yeah, exactly the way the u.n. human r rights commission has spread human rights to countries around the world. it does nothing. >> you used to call people who thought like this nativist. >> it s no
treaty on a new, we have the un at trading on the environment. this makes no difference -- >> why not throw a bone to bob dole? >> why throw a bone to the un? >> oh. >> is run byy dictatotors, it has a human rights committee with the worst violators in the world. why should we give any legitimacy at all? give me an answer on that. >> the chamber of commerce supports the street, along with the veterans' organizations and religis groups. they suprt it because the...
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Dec 6, 2012
12/12
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. >> scott, let me ask you again how you want to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahead, scott. how are you investing right now? >> maria, i think the best way forward is the way it's worked since the bottom of the market in 2009. risk assets are where it's at. the fed is very supportive. the consumer is back and engaged. housing is getting better. the fiscal cliff is actually constructive from the standpoint it causes people to come together and compromise because going over the cliff while we may do it for a short time period is not beneficial to anybody. it hurts everybody. >> so risk assets being, what, technology? what does that mean, technology? >> not necessarily. we would stay with dividend payers. we would also dip our toe into europe into some very high-quality, multicountry stocks there. mostly on consumer discretionary stocks as well. >> george, we haven't forgotten you yet. scott, i have a question for you. just noticed today france and germany's sto
. >> scott, let me ask you again how you want to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahead, scott. how are you investing right now? >> maria, i think the best way forward is the way it's worked since the bottom of the market in 2009. risk assets are where it's at. the fed is very supportive. the consumer is back and engaged. housing is getting better. the fiscal cliff is...
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Dec 12, 2012
12/12
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i think american corporations have done a terrific job of coping with a tough regulatory environment, a tough financial. the aftermath of this financial crisis. a lot of negative publicity. and made a lot of money. >> we want to rise above. do we not have a debt ceiling right after that? >> the debt ceiling. the interesting question whether they're going to roll -- >> here's what i think. we haven't talked about this. so i say president obama allows us to go over the cliff temporarily so that all the rates go up. then the democrats introduce a bill to lower it for 9 %, do some other stiff -- 98%, do some other stuff they want to do. then the republicans say fine but we've got to hold the debt ceiling, that's the next bargaining chip. i don't think we can use rides above for the debt ceiling because we don't want to rise above the debt ceiling. we have to come one new buttons -- >> pins, the whole thing. yeah. that is a dilemma. what a polemic -- >> constantino is cutting me off. you're going to hold that against me? all right. >> you can hear the voice in my head. >> yeah. he's mad be
i think american corporations have done a terrific job of coping with a tough regulatory environment, a tough financial. the aftermath of this financial crisis. a lot of negative publicity. and made a lot of money. >> we want to rise above. do we not have a debt ceiling right after that? >> the debt ceiling. the interesting question whether they're going to roll -- >> here's what i think. we haven't talked about this. so i say president obama allows us to go over the cliff...
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Dec 7, 2012
12/12
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in that environment you would see modest upward pressure on yields. now, is it possible that you would get more upward pressure on yields. possible. you're starting from a very low level. if the economy were to accelerate more sharply. if we were to get a more expansionary fiscal year. if the payroll tax cut was extended i don't expect that but if that were to happen, that probably would put more awkward pressure on longer term yields. >> setting up next week, fed meeting, an event or not? >> i think it's pretty clear what we're going to see in at least the broad outline. i would expect continued pace of asset purchases at $85 billion a month. that is widely expected. i think for good reason. i think that there are some questions about the details, of course, what are mature ranges going to be and things like that. you'll always have those kind of questions so there's uncertainty there. i don't think we're going to see a lot of new innovation beyond that sort of extension of the $85 billion pace of purchases. >> good to see you. thanks. >>> still ahea
in that environment you would see modest upward pressure on yields. now, is it possible that you would get more upward pressure on yields. possible. you're starting from a very low level. if the economy were to accelerate more sharply. if we were to get a more expansionary fiscal year. if the payroll tax cut was extended i don't expect that but if that were to happen, that probably would put more awkward pressure on longer term yields. >> setting up next week, fed meeting, an event or...
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Dec 12, 2012
12/12
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her promise was to create the best business environment possible, create more and better jobs, and to make government smaller, smarter, and more efficient. we did things like that, agency consolidation, high tea consolidation, some of those common sense approaches that you would do more often that we do not see. those are things that are saving us millions of dollars. our i t consolidations are estimated to save $100 million over the course of the term and potentially next term. we also, in the same situation, have $2 an hour rainy day fund. -- $2 in our rainy day fund. it is really thinking about how we do things smarter, more efficiently, and using the technology and resources we have to make things more efficient and cost-effective for government. we reduced by $5 billion by passing a law that says we could not pass what was not funded. ours was not challenged in court, fortunately. we are looking at more pension reform. we have seven pension systems in the state. they are operated by different pension boards that have different rules, different structures, looking at the potential
her promise was to create the best business environment possible, create more and better jobs, and to make government smaller, smarter, and more efficient. we did things like that, agency consolidation, high tea consolidation, some of those common sense approaches that you would do more often that we do not see. those are things that are saving us millions of dollars. our i t consolidations are estimated to save $100 million over the course of the term and potentially next term. we also, in the...
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Dec 11, 2012
12/12
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they encouraged more science and engineers, which is fifpblete but they weren't in a creative environment where they could do good work. democracy, as again the founders would have known this, you can't just be a science and engineer in a democracy to look way over the cliff to the mountains and beyond. so i'm very disturbed now to say that one great state university is talking about creating incentives for people to do science and engineering as undergraduates as against in effect creating disincentives for people to do humanities. you have to have people who can look beyond the current crisis. that also has been part of the american middle class, new ideas. >> i agree with that. i would like to see more of an emphasis on the science and math. i guess -- we are going to in terms of particularly in the k through eighth grade so these younger kids can look up to those role models and say is this something i want to not run from? >> one of the great stories, physics in the 1960's, young physicistsous learning how to do problem sets as graduate students, they started going back to answer the
they encouraged more science and engineers, which is fifpblete but they weren't in a creative environment where they could do good work. democracy, as again the founders would have known this, you can't just be a science and engineer in a democracy to look way over the cliff to the mountains and beyond. so i'm very disturbed now to say that one great state university is talking about creating incentives for people to do science and engineering as undergraduates as against in effect creating...
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modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see deer it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. here watching on t.v. live from moscow the western warnings are circling over syria's chemical weapons but that by israel has another worry on its mind that could get into the hands of his build up for israel such as being controlled by what it considers to be a terrorist group would be a red line marcus put up with us editor of politics first magazine says these concerns are not groundless. there's a very strong possibility that these syrian militants could very well acquire chemical weapons which of cour
modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see deer it's a joyful sight. a...
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Dec 7, 2012
12/12
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are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than were used in the actuarial. it would be significantly better today just on that one variable. the second point is that the view is a point in time that assumes we do no further fha business. one of the things that is artificial about it is that, when interest rates go lower, it assumes people pay off faster. that's accurate. typically path of that refinanced into -- half refinanced into fha. assume your clothes and down the fund, there are revenues that will come in not built and. budget, weident's will include the lower interest rates you described. w
are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than...
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Dec 9, 2012
12/12
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WBAL
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voluntarily phased out in 2004 after the epa expressed concern that they were toxic to both humans and the environment. and a toxic ban from children's sleep wear in the 1970s. an environmental advocacy group found the tests it commissioned found high levels of tris in 16 upholstered products. but the midwesteamerican chemis counsel say that it provides time -- a furniture trade group says it's not aware of any evidence including in the sofa study linking the retard ands in furniture as a home health problem. additional research is needed for the sole purpose of meeting california's strict standards. the treadway's say for them, finding this ecofriendly douch was worth it. >>> we're back in a moment with a santa sighting tonight, half a world away. has gotta be just ri. perfect golden color. rich in fiber. my dad taught me, and i taught my son out there. morning, pa. wait... who's driving the...? ♪ 99 bushels of wheat on the farm, 99 bushels of wheat ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat .
voluntarily phased out in 2004 after the epa expressed concern that they were toxic to both humans and the environment. and a toxic ban from children's sleep wear in the 1970s. an environmental advocacy group found the tests it commissioned found high levels of tris in 16 upholstered products. but the midwesteamerican chemis counsel say that it provides time -- a furniture trade group says it's not aware of any evidence including in the sofa study linking the retard ands in furniture as a home...
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. >> a lot of places have drug-free work environments. now doesn't that come into question at least for today in washington state? is it the same as having a beer at lunch and coming to work? smoke a joint and come to work in what was a drug-free environment? >> it's a wonderful question. the effects will be different depending on one's tolerance. ultimately an employer has as right to expect when they employ people to come to work they are able and fit to do the job for which they were hired. certainly if there is as it relates to alcohol you're not sober and as it relates to marijuana you are a bit hazy of the mind, the employer would legally be well within their rights to take the appropriate action which means if you smoke too much, you're fired. >> guess that's a good answer to a clever conundrum they find themselves in. thank you so much. appreciate it. >>> coming up in ten minutes as well, the los angeles mayor is going to join me. he's going to talk about a federal crackdown on medical marijuana in california and now how all of th
. >> a lot of places have drug-free work environments. now doesn't that come into question at least for today in washington state? is it the same as having a beer at lunch and coming to work? smoke a joint and come to work in what was a drug-free environment? >> it's a wonderful question. the effects will be different depending on one's tolerance. ultimately an employer has as right to expect when they employ people to come to work they are able and fit to do the job for which they...
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do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. just do the jolly champ was created in the fifty's and mass produced i think it came out of hand and it was out of the car battery powered. toy that when you turn it on a clock to the symbols together all crazy crutch this year i'm going to find it and i decided i wanted to make the most noise thing i could think of it represents me in so many ways. that. that's going to get big. as far as i am concerned i'm richest person i know i just don't have any money but i live in one of the most beautiful places i've ever seen i'm with the people who love me the most and i get to. do this art form that i've come up i've started doing in the last four years and it's just opened my eyes to so many different things and it was all inspired by burning around and it was just a coincidence because i was making costumes for myself and i had decided to make m
do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. just do the jolly champ was created in the fifty's and mass produced i think it came out of hand and it was out of the car battery powered. toy that when you turn it on a clock to the symbols together all crazy crutch this year i'm going to...
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Dec 13, 2012
12/12
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CNBC
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. >> has anything changed as a result of the environment of the confusion we are in. >> the one big change is that rates wsh treasury rates, are ridiculously low and there is no value there. but in terms of credit securities, long equities, long gold, in a world where we are just printing money and that the only policy -- >> he likes european stocks. >> remember i fell off my chair last time i heard that. >> some of the european markets like germany have done spectacular well. >> we were along germany, spain -- >> are you still? >> yes. >> you are buying spanish stocks. >> yes. >> check you for fever. >> why is it attractive? >> everybody says spain will break up. they going bankrupt. >> doesn't the opportunity the greatest or something along those lines? >> blood in the streets. >> right. >> look. when you look at where we are cyclicly on earnings, when you look at where we are on valuations, spanish equities, real o really cheap. and the bottom line is that even today, as we hear positive news about the banking union, the europeans are begrudgingly and distressing structural issues. >> g
. >> has anything changed as a result of the environment of the confusion we are in. >> the one big change is that rates wsh treasury rates, are ridiculously low and there is no value there. but in terms of credit securities, long equities, long gold, in a world where we are just printing money and that the only policy -- >> he likes european stocks. >> remember i fell off my chair last time i heard that. >> some of the european markets like germany have done...
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do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. there are. good speech. her. with. all of the missile good. luck. just see. it and. come out of my mind i'm a better little and. i. hope. if you. go and welcome the crosstown peter lavelle ending international impunity this is the stated goal of the i.c.c. the international criminal court but is it delivering impartial justice to the world the court supporters say after a decade in existence it's too early to say its detractors claim the i.c.c. is racist and hypocritical as well as a tool of the great powers. and. to cross-talk the i.c.c. today i'm joined by lawrence douglas and chickadee he is a professor of law jurisprudence and social thought at emerson college in boston we cross to william kaler he is a professor of international relations and history at boston university and in new york we cross to george samuel he is a fellow of the gl
do like it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. there are. good speech. her. with. all of the missile good. luck. just see. it and. come out of my mind i'm a better little and. i. hope. if you. go and welcome the crosstown peter lavelle ending international impunity this is the stated...
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you do it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. britain's heading into the future. with the government extending its massive cuts program for five more years and that's in addition to the already existing cuts in public spending pensions will be raided more suffering to. report. well everyone now madly picking their way through the the facts and figures and wow was there a lot of figures one thing was very very clear and that is that the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent in five years twenty twelve now it sounds like a small amount but of course no sign of that all important place in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think is probably the fact that the government have missed the reduction target so w
you do it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. britain's heading into the future. with the government extending its massive cuts program for five more years and that's in addition to the already existing cuts in public spending pensions will be raided more suffering to. report. well...
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do look it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to live on one hundred thirty three bucks a month for food i should try it because you know how fabulous bad luck i got so many i mean i have where i believe that i have to be really messed up. and we're all very so personally apologize if that. worst sure to look a little more like the white house of the day the radio guy in fort lauderdale minutes from a clear plastic i want you to watch quote for about fifteen years you've never seen anything like this i'm cold. what's up guys i'm having martin this is breaking the set of blackwater i mean the . cademy or whatever the hell they want to call themselves to appear less disgustingly evil well thanks to a no bit brand new contract worth twenty two million dollars u.s. special forces will remove it into a private base operated by blackwater not gonna stand the name of the base camp integrity. l
do look it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to live on one hundred thirty three bucks a month for food i should try it because you know how fabulous bad luck i got so many i mean i have where i believe that i have to be really messed up. and we're all very so personally apologize if...
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how do you continue to grow share in an increasingly competitive environment? >> well, we try to stay ahead of the game. we have collections. i think one of the big trademarks of our product is the quality and intensity of colors, of course, joe kohler has been tremendous for us. the whole joe market opened up the professional market. we stay true to the course. when they get opi on their nails, you know it is quality. sometimes they would pay a little bit more to get a better product. that is where the opi name comes in. connell: we talk about the tax rates going up at the end of the year, potentially, for everybody. highly likely they will go up for the wealthiest of americans. in california, the top tax rate will be close to 52%. are you comfortable paying taxes at that level? >> comfortable or not, that is the price of living in california. i think there is a responsibility that each one of us has. we have to pay our fair share. it is what it is. dagen: okay. [ laughter ] >> i do not think we should get bogged down in the present, it is more important to go
how do you continue to grow share in an increasingly competitive environment? >> well, we try to stay ahead of the game. we have collections. i think one of the big trademarks of our product is the quality and intensity of colors, of course, joe kohler has been tremendous for us. the whole joe market opened up the professional market. we stay true to the course. when they get opi on their nails, you know it is quality. sometimes they would pay a little bit more to get a better product....
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Dec 10, 2012
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FOXNEWSW
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how does the company like mine compete in a global environment where products from china and india and europe are crashing on our shores? >> they are dumping product by having government subsidies to chien needs products that are often then subsidized so they can put you guys out of business on the entire market. that's what a lot of americans don't understand. it's frustrating to me. >> there is probably an even more important point about the product that is that our own government is making it more difficult for us to compete. >> how are they doing that? >> president obama is making the rounds. he is going to help us out by increasing our taxes. the only way we can beat governor is by investing in equipment. if the wage rates are lower in china and steel costs the same electricity costs the same the only way i can business is to have better gimeequipment ane only way to have better equipment is to continually investment the only way to continually invest is make a profit. we are unable to invest in equipment capital accumulation increases wage growth decreases. >> there are a lot of
how does the company like mine compete in a global environment where products from china and india and europe are crashing on our shores? >> they are dumping product by having government subsidies to chien needs products that are often then subsidized so they can put you guys out of business on the entire market. that's what a lot of americans don't understand. it's frustrating to me. >> there is probably an even more important point about the product that is that our own government...
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Dec 5, 2012
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entry on this year it will be the disconnect between economics and markets we continue to be in an environment where people don't have a great many opses. that's why these options that look so threatening action they reverse so quickly. as long as that continues to be the case. they're going to -- >> it's very simple. last night it came out that. >> i'm going to make it simple here, not for the viewers. they came out and ticked four tea party members. that took them -- some republicans are willing to adopt a much more done scilla torrie approach. that's what's driving the market. it's going to continue to drive the market. >> you're saying this is cliff driven? >> absolutely. ivities market wasn't doing all that much. the president made some comments today in front of the business roundtable. all of a sudden, we start to do explode to the up side a bit. guys, i know the music is playing, but there's a look at hewlett-packard. up 4%, pete. >> absolutely. >> there are areas you talk about, last thing is technical, look at the xlf. >>> up next, the probability that lawmakers will defy if the odds
entry on this year it will be the disconnect between economics and markets we continue to be in an environment where people don't have a great many opses. that's why these options that look so threatening action they reverse so quickly. as long as that continues to be the case. they're going to -- >> it's very simple. last night it came out that. >> i'm going to make it simple here, not for the viewers. they came out and ticked four tea party members. that took them -- some...